Events
                        


Contact
 |  Sitemap

India  |  States  |  Opportunities  |  Information

 

You do not have flash player installed

Doing Business in Himachal Pradesh

home

 

Obtaining approvals

An indicative list of approvals with timeframe for setting up business in Himachal Pradesh

List of approvals and clearances required Departments to be consulted Estimated time taken (in days)
Incorporation of the company Registrar of Companies SINGLE WINDOW CLEARANCE FACILITY

The state has a Single Window Clearance Facility, which is the nodal agency responsible for obtaining all necessary clearances for an investment proposal. The committee, headed by the Chief Minister of the State clears all proposals within 30 days of submission.*

Registration, IEM, Industrial licences DIC** for SSI for large and medium industries
Allotment of land State DI***/ SIDC**** / Infrastructure Corporation
Permission for land use State DI, Department of Town and Country Planning
Site environmental approval State Pollution Control Board and Ministry of Environment and Forests
No Objection Certificate and consent under Water and Pollution Control Acts State Pollution Control Board
Approval of construction activity and building plan Town and Country Planning Authority
Sanction of power State Electricity Board
Registration under state's Sales Tax Act and Central and State Excise Act Sales Tax Department, Central and State Excise Departments

*   Department of Industries, Government of Himachal Pradesh
** District Industry Centre
*   Department of Industries
** State Industrial Development Corporations

Cost of setting up business

An indicative table on cost of setting up business in Himachal Pradesh

Manufacturing
Land (US$ / hectare)* Bidding process
Labour Cost (US$ / man year)** 781
Services
Occupation Costs*** (US$ / sq ft / year) 2.54
Employee Cost (US$ / man year)****
Software Developers 6,383
Team Leads 14,893
Architects 21,276
Project Managers 31,915
Common Heads
Cost of Capital***** (Prime lending rate, per cent) 10.03**
Electricity (US cents / kWh)****
Metropolitan Area 4.99
Non Metro Area 4.99

Tax exemptions: 100 per cent outright excise duty exemption for a period of 10 years and 100 per cent income tax exemption for a period of 5 years.

*   Land in Himachal Pradesh is sold in a bidding process.
** Source: Indiastat.com
*   Source: Government Website
**  KPMG Analysis on costing for an IT venture in India
**  Government of Himachal Pradesh offers reduced lending rates to the industry
*** This is for SSI units in the state
**** Source: www.indiastat.com
Note:
Exchange rate used is INR 47 per US$

Contact for information

State Government Website
www.himachal.nic.in

Himachal Pradesh State Industrial Development Corporation (HPSIDC) Himachal Pradesh State Industrial Development Corporation is the nodal agency for promotion and establishment of industrial units in the state. Wholly-owned by the State Government, it functions as a state level financial institution providing long-term loans for industrial projects.

HP State Industrial Development Corporation
New Himrus Building
Circular Road
Shimla 171 001
Tel: +91 177 2624751
Fax: +91 177 2624278
Email: hpsidc@sancharnet.in
Web: www.hpsidc.nic.in

Confederation of Indian Industry (CII)

Information on markets and opportunities for investment in Himachal Pradesh can also be obtained from Confederation of Indian Industry which works with the objective of creating a symbiotic interface between industry and government.

Confederation of Indian Industry Northern Region
L M Thapar Centre for Competitiveness
Block No. 3, Dakshin Marg
Sector 31 A
Chandigarh 160 030
Tel: +91 172 2602365 / 2605868 / 2607228
Fax: +91 172 2606259
Email: ciinr@ciionline.org
Web: www.ciionline.org

 

Content Source: www.ibef.org

 
Andhra Pradesh
New Page 2